Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

WLFI token, issued by the Trump family, launched on September 1 with an unexpected initial circulating supply of 246.7 billion out of a total 1,000 billion tokens—eight times higher than anticipated. The oversupply drove the market capitalization above $60 billion, briefly ranking WLFI token among the top 25 cryptocurrencies. Early investors holding 40 billion tokens, acquired at $0.015–$0.05, saw their holdings surge to $19 billion at a peak price of $0.47. Meanwhile, the Trump family controls 206 billion tokens (83.7% of circulating supply), securing $15 billion in cash and over $50 billion in token value for a total windfall of around $65 billion. Despite high-profile supporters like Justin Sun unlocking 20% of their stakes and pledging long-term support, 80% of major whales sold immediately. The price plunged 56% to $0.20, triggering $12.36 million in liquidations. With an additional 7.2 billion unlocked tokens yet to hit the market and 800 billion tokens still locked, WLFI token’s short-term volatility remains high, posing risks and opportunities for crypto traders.

On Sept. 2, a DeFi trader lost $13.5M in a Venus Protocol phishing attack. Blockchain security firm PeckShield initially estimated the loss at $27M but later adjusted for the trader’s outstanding debt. By approving a malicious transaction, the victim allowed attackers to drain stablecoins and wrapped assets (vUSDT and vUSDC) from their wallet. In response, Venus Protocol paused its smart contracts for a security audit, confirmed no protocol vulnerabilities, and blamed the breach on user error. This Venus Protocol phishing attack follows other early-September crypto thefts, including a WLFI token exploit and a $2.3M Bunni DEX hack. With August losses totalling over $163M, rising crypto prices are fueling more aggressive phishing scams. Traders should strengthen wallet security and monitor protocol audits to mitigate phishing risks.

Trader Roman warns that a drop in Bitcoin price below $100,000 could mark the end of the current bull market. The Bitcoin price has declined about 15% from its $125,000 peak, retesting critical support at $98,000–$100,000. Daily RSI shows bearish divergence, while four-hour and weekly charts display bullish RSI signals that may support a rebound. Optimists expect new highs in 4–6 weeks if support holds. Analyst Michaël van de Poppe suggests accumulating at $102,000–$104,000. Despite an August pullback of roughly 6.5%, Bitcoin outperformed its four-year seasonal average. Traders should watch the $100,000 level for clues on market direction.

Bitmine has steadily expanded its Ethereum treasury, growing from over 1.71 million ETH in June 2024 to 1.87 million ETH (valued at $8.98 billion) as of August 31. This record ETH holding cements Bitmine’s position as the world’s largest corporate Ethereum treasury. Alongside its Ethereum treasury, Bitmine holds 192 BTC and $635 million in cash, making it the second-largest crypto treasury firm after MicroStrategy. The company’s balance sheet diversification strategy—combining sizable on-chain exposure with cash reserves—underscores growing institutional demand for ETH. Traders should watch for potential supply constraints, shifts in market liquidity driven by large corporate treasuries, and increased bullish momentum for Ethereum.

BitMine Immersion Technologies (NYSE AMERICAN: BMNR) has released its August investor presentation, “the Alchemy of 5%,” and a new video update from Chairman Tom Lee. The materials detail BitMine’s plan to acquire 5% of Ethereum’s supply and highlight long-term ETH upside driven by regulatory catalysts like the SEC’s Project Crypto and the GENIUS Act. As of August 31, BitMine’s combined crypto and cash assets total $8.98 billion, including 1,866,974 ETH, 192 BTC and $635 million in cash. This makes BitMine the world’s largest Ethereum treasury and the second-largest digital assets treasury globally. Since launching its ETH treasury strategy on June 30, BitMine has reached key milestones. BitMine stock also ranks among the most traded U.S. equities, averaging $2.3 billion in daily volume.

Ethereum price outlook for late 2025 shows analysts spotting a 2021-style setup with key support between $1,800–$2,000 and $3,800–$4,000. This Ethereum price outlook highlights a “Final Retest” pattern noted by technical experts Merlijn The Trader and EtherNasyonal, mirroring the 2018–2021 breakout phase where consolidation preceded a parabolic surge. Institutional buying and a confirmed breakout above $3,800 are cited as essential catalysts. If Ethereum holds these support levels—especially retaining $3,800–$4,000 after a breakout—historical precedents suggest a potential rally toward $10,000 by late 2025. Traders should watch retests of the $3,800 zone, monitor on-chain volume and institutional flows for timing entry and exit points. This summary of the Ethereum price outlook provides clear technical levels and market signals for strategic decision-making.

MicroStrategy has purchased 4,048 Bitcoins between August 26 and September 1, spending roughly $449.3 million at an average price of $110,981 per BTC. This latest Bitcoin purchase underscores MicroStrategy’s ongoing accumulation strategy and showcases its leading role in corporate crypto investment. The acquisition took place during a period of Bitcoin price consolidation, signaling strong confidence in the digital asset’s long-term potential. For crypto traders, this Bitcoin purchase may support Bitcoin liquidity and market depth. Continued institutional buying provides a bullish indicator for traders, reinforcing expectations of further price appreciation and validating Bitcoin’s appeal as an inflation hedge and strategic reserve asset.

Dogecoin price has consolidated around $0.215, forming a symmetrical triangle since mid-July, with resistance near $0.315 and support at $0.168. Recent rounded bottom patterns suggest medium-term bullish targets at $0.334, $0.398, and $0.460 if price holds above $0.20. Meanwhile, Shiba Inu trades around $0.0000122, with whale holdings halved to 45 billion SHIB and active addresses rising above 270 million, but slow gains have frustrated investors. In response, traders are exploring projects with real utility like Remittix (RTX). Remittix has raised $23.1 million in token sales, listed on BitMart and soon LBANK, and will launch a Beta Wallet on Sept 15 for crypto-to-fiat transactions. Low gas fees, staking, cross-chain DeFi, and upcoming wallet functionality make Remittix a top alternative. For crypto traders, monitoring Dogecoin price action around $0.20 and Shiba Inu support at $0.000012 is key, while Remittix’s exchange listings and utility-driven growth could offer a bullish catalyst.

Gate Wallet has launched a new MOMO.FUN airdrop through its BountyDrop program. Users can access the BountyDrop section in the Gate Wallet App’s “Discover” page. Completing simple tasks earns entries for MOMO.FUN token rewards and airdrop lotteries. Gate Wallet also rolled out BTC and ETH price prediction contests, where participants who trade and submit correct forecasts can win a 5 USDT prize. Meanwhile, the WLFI on-chain trading season runs from September 1 to 22. Users who trade at least 1,000 USD of WLFI in a single day for three consecutive days, or reach a 1,000 USD trading volume in total, can claim up to 150 USDT. The total WLFI reward pool is 10,000 USDT. These initiatives aim to boost user engagement and trading volume on Gate Wallet.

Sharps Technology (Nasdaq: STSS) announced on September 2 that it has acquired more than 2 million Solana (SOL) tokens, valued at over $400 million, as the cornerstone of its digital asset treasury strategy. This marks the first time the company has added SOL to its balance sheet, reflecting growing institutional adoption of Solana’s high-speed blockchain network. The acquisition was funded through a recent private investment in public equity (PIPE) financing round. By holding a substantial SOL position, Sharps Technology aims to diversify its treasury and capitalize on Solana’s scalable ecosystem and DeFi applications. Traders should note that significant institutional purchases can tighten supply, potentially driving SOL prices higher. Market participants will be monitoring Solana’s network performance and Sharps Technology’s future digital asset strategies for further insights.

BitMine Immersion Technologies (BMNR) has expanded its crypto and cash reserves to $8.98 billion by August 31, making it the world’s largest Ethereum treasury. Since launching its Ethereum Reserve Plan in July, the firm’s holdings rose from 1.52 million to 1.87 million ETH, valued at $4,458 each. This Ethereum treasury strategy also includes 192 BTC and $635 million in cash, ranking second only to MicroStrategy among corporate crypto treasuries. Backed by ARK Invest, Founders Fund and Pantera, BitMine highlights the GENIUS Act and SEC Project Crypto as long-term growth drivers. The company has released an investor deck and a video presentation by Chairman Tom Lee. These developments underscore BitMine’s bullish stance on ETH and signal growing institutional confidence in crypto assets.

A wallet linked to Andrew Tate was liquidated on its long position in World Liberty Financial (WLFI) token, incurring a $67,500 loss. On-chain data from Lookonchain shows the liquidation occurred hours after WLFI’s volatile debut, where the token fell over 56% from its peak of $0.46 to around $0.20. Despite this setback, Tate immediately reopened a new long, acquiring 960,128 WLFI tokens, signaling continued confidence in the project. WLFI, backed by a Trump-affiliated venture, faced large insider and whale sell-offs minutes into trading, stoking concerns over early dumping. In response, the WLFI team proposed directing 100% of protocol-owned liquidity fees to buy back and burn tokens, making the token deflationary. With a fixed supply of 100 billion, the burn mechanism aims to stabilize price by reducing circulation. Traders will watch community approval and implementation timelines to gauge WLFI’s recovery potential.

Tokyo-listed Metaplanet has secured shareholder approval to launch a share sale of up to 555 million new shares in an international offering, aiming to raise approximately $884 million. Final pricing will be set through a book-building process from September 9–11, with settlement by mid-September and a 60-day lock-up for major shareholders. Nearly all proceeds will fund Bitcoin purchases, following a recent 1,009 BTC acquisition for $112 million. The equity raise will expand Metaplanet’s Bitcoin treasury from around 19,000 BTC to over 20,000 BTC—valued at $2.1 billion—solidifying its position as Asia’s largest and the world’s sixth-largest corporate Bitcoin holder. Management plans to grow its Bitcoin treasury to 30,000 BTC by year-end, 100,000 BTC by 2026 and 210,000 BTC by 2027. Unlike peers relying on debt, Metaplanet uses share issuance and bond redemptions to fuel accumulation. Executives cite Japan’s rising national debt, prolonged negative interest rates and yen depreciation as key drivers for increasing their Bitcoin treasury to preserve long-term value. The offering includes 180 million underwritten shares and a 375 million-share greenshoe option, targeting overseas investors and limiting U.S. participation to Qualified Institutional Buyers under Rule 144A.

By 2026, crypto sectors show clear growth signals. Real World Assets (RWAs) tokenization, stablecoins evolution, Layer 2 scaling with ZK-tech, and maturing DeFi protocols will drive adoption. RWAs remove friction and boost liquidity: on-chain treasury bills and property-backed tokens appeal to institutions and retail. Euro- and yen-pegged stablecoins and yield-bearing models gain traction under MiCA and the US GENIUS Act. ZK rollups and ZK-EVMs offer faster, cheaper, privacy-preserving transactions. DeFi protocols shift to sustainable revenue through fee-sharing governance and RWA-backed lending. Gaming and SocialFi could onboard mainstream users with interoperable on-chain assets and player-owned economies. These crypto sectors’ developments point to increased integration with traditional finance, better scalability, and wider everyday use.

Determining what constitutes life-changing crypto profit depends on individual income, expenses and goals. This guide suggests viewing financial targets as a range rather than fixed numbers: improvement level, life-changing level, and financial freedom level. Traders should answer three questions: how much they need to cover living costs and emergencies, how much to improve lifestyle, and how much they can realistically earn. The article warns against an endless desire cycle where reaching $200,000 profit quickly shifts to chasing $500,000 or more, comparing this with poker decisions: folding a strong hand to secure life-changing gains. Evaluating profits by the time they buy—for example, a $200,000 gain can provide 3–5 years of buffer—helps maintain discipline. By clarifying profit targets and knowing when to exit, crypto traders can translate short-term gains into sustainable financial security without falling into the trap of ever-increasing expectations.

Crypto analyst VisionPulsed predicts a Dogecoin bull run starting September 13, arguing the current drawdown mirrors a post-halving pattern seen 510–511 days after Bitcoin supply cuts. In a September 1 video, he cited similar market turns in 2017 and 2021. VisionPulsed also tracks the liquidity gauge M2, which historically has driven asset rotations across Solana (SOL), Bitcoin (BTC), Ethereum (ETH) and BNB. Dogecoin has lagged larger caps due to slower liquidity spillover. He warns that any altseason hinges on broader risk appetite, noting the Russell 2000’s lack of new highs. A noisy liquidity period from mid-September to late October could still allow a final market peak. As of press time, DOGE trades at $0.21 near its daily EMA200. Traders should monitor these cycles and liquidity flows for confirmation.

Bybit WSOT 2025 kicks off its sixth annual trading competition on August 27, running until September 15 (UTC). The event features a record-breaking $10 million prize pool, including an $8 million main competition split between a $3.76 million Squad Showdown and a $4.4 million Individual Showdown. A zero entry fee and a four-tier system—from $100 Rookie to $10 000 Heavyweight—ensure inclusive participation across capital sizes. The pre-heat stage (August 12–27) attracted 350 000 traders and 1 400 squads, generating $78 billion in volume and awarding $670 000. For the first time, WSOT integrates the Solana Onchain Wave, offering over $1 million in BBSOL and USDC rewards and uniting centralized and DeFi traders on a single leaderboard. Educational livestreams and 18 live events distribute 220 000 USDT in red-packet rewards, while guest speakers Dusty BC, Alex Marzell and Tealstreet CEO Sam highlight the competition’s focus on inclusivity, learning and community engagement. Bybit WSOT 2025 sets a new benchmark for global crypto trading tournaments, driving market momentum ahead of Q4.

HBAR has formed a falling wedge on its 4-hour chart from late July to early September, a pattern often signaling bullish reversals. Trading near $0.218, the token sits close to its lower Bollinger Band and just below the 50-EMA at $0.228—a key breakout level. A confirmed move above the wedge could propel HBAR to $0.462, implying a 112% gain. On-chain data reveals significant whale accumulation: addresses holding over 10 million HBAR have increased by 71% over the past year. This accumulation comes despite institutional rebalancing that saw more than 110 million HBAR sold between August 31 and September 1. Large after-hours transactions suggest strategic positioning rather than panic selling. Technical indicators reinforce a bullish outlook. The RSI hovers near 39, indicating oversold conditions and potential downside exhaustion. With RSI bouncing above 35, combined with the falling wedge structure and growing whale demand, HBAR’s next decisive buy signal will be a clear break above the wedge’s upper trendline and the 50-EMA. Traders should watch these levels for entry points ahead of a possible 112% rally.

Venus Protocol, a leading DeFi lending platform on BNB Chain, confirmed its smart contracts are secure after $27 million in crypto assets were drained. PeckShield and the Venus team traced the incident to a phishing attack on a single whale, who unknowingly authorized malicious transactions from a rogue address. Stolen funds, including vUSDC and vETH, were transferred out following the unauthorized approval. Venus Protocol affirmed that no core contract exploit occurred and only the compromised user was affected. The platform’s total value locked (TVL) has previously topped $7 billion, underscoring its significance in DeFi. Developers are now verifying contract integrity and monitoring user safety.

After Hong Kong’s Stablecoins Regime took effect, 77 diverse entities—including banks, tech giants, asset managers, e-commerce and Web3 startups—have signaled their intentions to apply for Hong Kong stablecoin licenses. Key applicants such as Standard Chartered, HKT-A&O consortium, JD’s blockchain arm, Ant Group and reportedly Bank of China (HK) compete for a limited number of slots, as the Hong Kong Monetary Authority (HKMA) has confirmed it will issue only "a few" licenses initially. The HKMA is meeting with potential issuers to vet the maturity and necessity of their stablecoin issuance plans, while cautioning that expression of interest does not imply approval and warning investors against unlicensed stablecoins. In parallel, Hong Kong’s digital asset market advances: Futian Investment’s FTID TOKEN 001 became the world’s first RWA public digital bond on Ethereum (RMB 500 million, 2-year, 2.62% coupon, Fitch A-rated), and ZhongAn Smart Life (02271.HK) signed an MoU with an SFC-licensed crypto trading platform to develop digital asset services, driving its stock up 16.35%. The fierce race for Hong Kong stablecoin licenses underscores the territory’s drive for digital finance innovation balanced by prudent oversight.

Analysis from Vibes Capital Management shows Bitcoin short-term holders (STH) average cost basis has aligned with spot price near $107,000, triggering a rare oversold MVRV Bollinger Band signal. Historically, similar readings in April and August marked cycle lows. The STH MVRV oscillator fell below the lower Bollinger Band only twice in the past year, indicating significant capitulation. Concurrently, four-hour RSI displays bullish divergence, suggesting a potential rebound. However, a daily MVRV death cross warns downward pressure remains. Traders should monitor these on-chain metrics as Bitcoin short-term holders often provide buying support during bull-market corrections, and the $107K level may act as a critical pivot for a bullish reversal. Key indicators: STH MVRV at breakeven, Bollinger Band oversold signal, RSI divergence. Market participants could see short-term volatility but a longer-term bullish outlook if support holds.

The Pectra exploit has compromised around 100 WLFI wallets just as the World Liberty Fi token unlocked across 83,000 addresses. Exploiters leveraged Ethereum’s Pectra EIP-7702 upgrade to gain smart contract approvals via phishing, draining funds from unsuspecting holders. Although the WLFI contract remains secure, private key compromises enabled attackers to sweep tokens. SlowMist tracked the exploits and published a list of affected addresses to warn users. Following the token unlock, WLFI experienced heavy selling pressure from whale holders, including rapid profit-taking and derivative shorts on low-liquidity DEX pairs. The token’s price plunged to $0.21 before stabilizing around $0.25. On Hyperliquid, 12 of 19 whales held short positions, raising the risk of price manipulation to trigger liquidations. Market participants are advised to monitor Pectra exploit warnings and wallet approvals closely to avoid further losses.

Shiba Inu Sparktember bundles community optimism around September utility launches and ecosystem upgrades. Traders monitor Shibarium updates, staking and liquidity initiatives as on-chain catalysts. Macro indicators—U.S. jobs data, Fed commentary and rate cut expectations—will likely shape risk appetite and support a potential Q4 rally. At $0.00001229, Shiba Inu remains far from its October 2021 ATH of $0.000088, leaving room for upside if utility launches materialize. Short-term traders should watch on-chain metrics and official Fed statements for trade signals. Over the longer term, confirmed utility releases during Sparktember could set the stage for sustained adoption and price gains into early 2026.

Metaplanet’s bitcoin acquisition plan gained momentum after shareholders approved raising ¥555 billion via preferred shares. This Metaplanet bitcoin acquisition strategy expands the firm’s capacity to buy BTC and diversify its corporate treasury. Previously, Metaplanet raised ¥130 billion in overseas stock sales and ¥242 billion via warrant exercises. To date, Metaplanet holds 20,000 BTC, 66% of its 30,000 BTC year-end target. It aims for 100,000 BTC by end-2026 and 210,000 BTC by end-2027. Shareholders authorized amendments to increase total shares, allow virtual meetings, and create Class A and Class B preferred shares, enabling issuance of 555 million new shares. Although Metaplanet leads Asia in corporate BTC holdings, it remains behind MicroStrategy’s 632,457 BTC. The new funding tool could accelerate Metaplanet’s bitcoin acquisition and boost market demand for BTC.

Ethereum developers will decommission the Holesky testnet in November, two years after its 2023 launch. Designed to stress-test Ethereum’s proof-of-stake infrastructure, the Holesky testnet encountered validator inactivity leaks and long exit queues following the Pectra upgrade, prompting a replacement. In March 2025, the Ethereum Foundation introduced the next-generation Hoodi testnet to support Pectra features, future Fusaka upgrades, and a refreshed validator set. Sepolia and Ephemery remain active for dApp testing and rapid validator resets. Meanwhile, network usage surged: August saw 19.45 million active Ethereum addresses, near the May 2021 peak. Institutional demand has also climbed, with Tom Lee’s BitMine boosting its holdings by 12% to 1.71 million ETH, and BlackRock’s Ethereum ETF recording a $314 million inflow on August 25 and $2.4 billion in daily trading volume. Analysts from CryptoBusy identify $4,520 as key resistance, noting that a breakout could push ETH above $4,800. Combined with historical Q4 rallies, these factors point to strong fourth-quarter momentum for Ethereum.

Bitfinex will list the HYPE token, native to the Hyperliquid Layer-1 blockchain, in early September. Hyperliquid is designed for high-speed, low-latency on-chain trading using its HyperBFT consensus, with average trade confirmations of 0.2 seconds. The network also features HyperEVM, an Ethereum-compatible execution layer secured by HYPE gas token. The HYPE token launched via a November 2024 genesis airdrop, distributing 310 million tokens with no private or exchange allocations. HYPE token holders can stake for network security, participate in on-chain governance, and pay transaction fees. Deposits open on 2 September 2025 at 1:30 PM UTC, and trading of HYPE/USD and HYPE/USDT pairs will begin on 4 September, subject to liquidity requirements.

American and Dutch law enforcement agencies have dismantled VerifTools, a major online fake ID marketplace. The U.S. Department of Justice (DOJ) and Dutch Police announced they seized two domains, a blog, plus two physical and over 21 virtual servers linked to the service. The fake ID marketplace sold counterfeit passports, driver’s licences, and other identity documents for multiple countries. Prices started at just $9 in digital assets, and the platform processed roughly $6.4 million in transactions before the operation was shut down. Authorities began investigating VerifTools during a probe into a scheme using stolen identity details to break into digital asset accounts. The marketplace model allowed users to bypass Know Your Customer (KYC) verifications, posing risks to digital asset platforms. No arrests have been made yet. Investigators are now analysing server data to identify administrators and users. The case highlights the ease of digital identity fraud and underscores growing government focus on secure digital IDs and KYC compliance worldwide.

Bitcoin’s correction to around $107,000 has sparked concerns of a market top, but on-chain metrics indicate the bull run remains intact. CryptoQuant analyst Carmelo Aleman highlights key indicators: declining BTC reserves on exchanges point to modest selling pressure, while long-term holder accumulation continues. The Network Value to Transactions (NVT) ratio has stayed below 50 since July, reflecting strong network activity. The Market Value to Realized Value (MVRV) indicator has not reached its historical top threshold of 3.6, suggesting the market isn’t overheated. The adjusted Spent Output Profit Ratio (aSOPR) hovers just above 1, indicating limited overvaluation. Miner reserves have only fallen by 6,000 BTC this year, remaining at 1.805 million BTC, unlike previous cycle peaks when miners sold heavily. Combined with growing institutional adoption, spot ETFs, tokenization, and DeFi interest, these on-chain signals support the view that Bitcoin’s bull run can continue if demand persists.

The Bitcoin September pattern repeats annually as one of the market’s most bearish periods. Since 2013, Bitcoin September has delivered an average 3.77% decline, earning its nickname “Red September” in both crypto and traditional markets. The Crypto Fear & Greed Index plunged from 75 in mid-August to 39, signaling deepening fear. Technicals show Bitcoin trading around $108,842, hovering just above key support at $105,000—breaching it could accelerate the downturn. Ethereum sits at $4,363, repeatedly rebuffed at $4,500 resistance, while XRP holds at $2.76 but risks fresh losses below $2.50. Macro factors ramp up volatility. A mid-September Federal Reserve rate decision may offer relief if rates are cut, but 3.1% inflation keeps traders wary. For crypto investors, Bitcoin September’s historic weakness combined with uncertain policy suggests bearish risks ahead. Many traders will use dips as buying opportunities, aiming to capitalize on a potential October rebound. Separately, the article highlights the MAXI DOGE presale: $MAXI aims to extend Dogecoin’s meme appeal into a gym-focused lifestyle token, offering community rewards, competitions, and partnerships. Investors should conduct due diligence before participating. Traders should monitor sentiment indicators, support and resistance levels, and the Fed’s announcement closely. Bitcoin September’s track record and current technical-macro alignment point to continued volatility and a likely bearish bias.